Bitcoin trial: Defendant wins dispute over $50B in Bitcoin
NEW YORK (AP) — Craig Wright, a computer scientist who claims to be the inventor of Bitcoin, prevailed in a civil trial verdict Monday against the family of a deceased business partner that claimed it was owed half of a cryptocurrency fortune worth tens of billions.
A Florida jury found that Wright did not owe half of 1.1 million Bitcoin to the family of David Kleiman. The jury did award $100 million in intellectual property rights to a joint venture between the two men, a fraction of what Kleiman’s lawyers were asking for at trial.
“This was a tremendous victory for our side,” said Andres Rivero of Rivero Mestre LLP, the lead lawyer representing Wright.
David Kleiman died in April 2013 at the age of 46. Led by his brother Ira Kleiman, his family has claimed David Kleiman and Wright were close friends and co-created Bitcoin through a partnership.
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Statement from Craig Wright after the verdict was given.
Craig Wright + lawyers post-verdict interview: https://vimeo.com/654331541/7aae7c7e46
Just a note, the amount of bitcoin here doesn't really matter because Craig Wright doesn't actually have the keys to access the bitcoin, because he's not actually Satoshi... The bitcoin in this wallet have never moved. This trial was more about Wright being able to continue to delude his followers into believing that he is Satoshi so they would buy more of his crypto (Bitcoin Cash Satoshis vision or BSV)
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